$4 billion COVID-19 emergency GO and taxable social bond sale
https://www.bondbuyer.com/podcast/why-will-the-garden-states-4b-covid-bonds-appeal-to-investors John Hallacy, founder of John Hallacy Consulting LLC, and Andrew Coen, Bond Buyer Northeast regional reporter, talk about next week’s $4 billion COVID-19 emergency GO and...
Fiscal Policy Off
In much the same manner as we discuss risk off/risk on, I think it is time to brand fiscal policy on or off. Despite many hours consumed discussing all variations on a theme, most observers are now coming to the realization that the likelihood of additional stimulus...
Municipal Beat John interviews Tom Kozlik on the state of municipal bonds
Municipal Market Cooling Indicators
One of the more remarkable developments last week was that rates did not change very much. Now that the tech sector and equities have hit a bit of a pause button one would be inclined to conclude that municipals should be rallying more. We must acknowledge the role of...
Much rhetoric today would lead one to believe that the march to oblivion in municipals is preordained
Much rhetoric today would lead one to believe that the march to oblivion in municipals is preordained. Although the credits are stressed, we will see a way out of the dilemma. That does not mean there will not be credit adjustments in the days ahead. There will be some increase in defaults and bankruptcies, but we do not see the rates swelling because governments will still work hard to solve their challenges. Debt remains a priority for most and not servicing the debt will not be taken lightly. This discussion is with Tom Hession of Riverbend Capital Advisors about the topics of the day.
Dissecting recent rhetoric regarding municipals
Some recent articles have served their purpose and have raised the awareness of municipals across a wider audience than is typical for the space. Many commentators outside the tradition space feel that it is just a focus of high-net worth individuals. But I have to...
Recent Comments